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Payless Limited

14699024

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

105 OGLETHORPE ROAD, DAGENHAM, RM10 7SA
Incorporated 01/03/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

Industry

56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands

Officers

Mr Milton Costa

director · Since 18/08/2025

CONSULTANT

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Milton Costa

25–50% shares

British · England · Age 43

105, Oglethorpe Road, Dagenham, RM10 7SA

Notified 18/08/2025

Former PSCs

Mr Mohammad Masud Rana

Ceased 18/08/2025

CompanyRankvs 20425+ SIC 56102 peers
36

Financial strength31th percentile among SIC peers · 8/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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20425Payless Limited
32
How is this score calculated?
Financial strength8/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£159

Balance sheet strength

Cash

£512

Cash in the bank

Net Current Assets

-£934

Working capital

Current Assets

£1k

Current Liabilities

£2k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.53
20250.53
20240.62

Derived from filed accounts. Not audited figures.